Alex & Cadey's Blog
Alex and Cadey Charfen - Experts on handling distressed properties with information you need to know about how to survive and thrive in today's real estate market.
ARCHIVED BLOG POSTS
2009
To qualify for a short sale, distressed homeowners must have three qualifications: financial hardship, monthly shortfall, and insolvency. Here I explain these concepts in detail, letting you in on what most banks and servicers are looking for when considering a short sale. To download PDFs of th...
06/29/2009
Howard Brinton's STAR POWER annual conference is a "must-attend" for real estate professionals today. Without Howard's friendship and guidance, Cadey and I - and the CDPE - would not be where we are today. Event details: Wednesday July 29 - Saturday August 1; Hyatt Convention Center Downtown - D...
06/26/2009
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Comments
The practice of flipping short sales is at best unethical, and at worst illegal. Learn the facts, and understand why as a real estate agent, your first responsibility should be to the homeowner. Don't jeopardize your license and integrity over the potential for a fast profit. I believe it's impo...
06/23/2009
The Distressed Property Institute conducted its National CDPE Member Survey for the second quarter of 2009, compiling some staggering results. See how CDPEs nationwide are better prepared to help distressed homeowners avoid foreclosure by keeping their homes or, when this is not possible, by suc...
06/17/2009
When I am deciding to buy a product that has a considerable expense to me (other in the cost of the product or the time I will invest) I read testimonials. I will usually even call the individuals who have given testimonials and ask them questions, get their reactions and see how they feel about...
06/14/2009
The Distressed Property Institute Responds to National Delinquency Survey Strong reaction needed as foreclosures and mortgage loan delinquencies grow in the first-quarter of 2009 Austin, Tex. – June 9, 2009 – With the Mortgage Bankers Association’s (MBA) recent release of its National Delinquency...
06/14/2009
Real Estate Resources
Our news and views on the distressed property market and Real Estate in General.